Question 1

In information systems development projects, both the  ________ and the technological platform that the software resides on would be examples of capital resources.

Accepted Answer

The answer of In information systems development projects, both the...

Question 2

Total slack is the time an activity can be delayed without affecting the immediately following activity.

Accepted Answer

A) True 
 B)False

Question 3

A  ________ contains data and information that are compiled and used in conjunction with manual methods or project management software to perform schedule network analysis and to generate the schedule.

Accepted Answer

A) project management plan 
B) schedule repository 
C) project workbook 
D) schedule model

Question 4

________ is an analysis used to evaluate the effects of variance on the schedule of project activities.

Accepted Answer

A) Schedule variance assessment 
B) Performance measurement 
C) Schedule variation control 
D) Variance analysis

Question 5

The  ________ is a dedicated part of the organization whose purpose is to focus on various aspects of project management and provide services to the rest of the organization along those dimensions.

Accepted Answer

A) project management office 
B) project support office 
C) project maintenance office 
D) project management bureau

Question 6

Activity duration estimation becomes  ________ as the project progresses.

Accepted Answer

The answer of Activity duration estimation becomes  ________ as...

Question 7

The use of mathematical techniques to shorten a project's duration is called:

Accepted Answer

A) schedule compression. 
B) crashing. 
C) PERT. 
D) fast- tracking.

Question 8

The sequence of activities:

Accepted Answer

A) can be determined without considering resources. 
B) cannot be determined without considering resources. 
C) can only be determine when considering resources. 
D) none of the above.

Question 9

________ is the measure of the alternative opportunities forgone in the choice of one good or activity over others.

Accepted Answer

A) Opportunity cost 
B) Prospect cost 
C) Forgone cost 
D) Sunk cost

Question 10

________ is the measure of the alternative opportunities forgone in the choice of one good or activity over others.

Accepted Answer

The answer of  ________ is the measure of the...

Question 11

Critical chain scheduling uses a ________  to protect the final due date of a project.

Accepted Answer

The answer of Critical chain scheduling uses a ________ ...

Question 12

Resources:

Accepted Answer

A) affect both the time and the cost of a project. 
B) do not affect a project much. 
C) affect the time to complete a project. 
D) affect the cost of a project.

Question 13

The estimation of activities' durations based upon the duration of similar activities is called:

Accepted Answer

A) similarity estimating. 
B) psychometric estimating. 
C) parametric estimating. 
D) analogous estimating.

Question 14

An example of parametric estimating is the number of ________  .

Accepted Answer

The answer of An example of parametric estimating is the...

Question 15

An activity on the critical path is referred to as a ________  .

Accepted Answer

The answer of An activity on the critical path is...

Question 16

All of the following are techniques for estimating activity duration EXCEPT:

Accepted Answer

A) psychometric estimating. 
B) expert judgment. 
C) reserve analysis. 
D) analogous estimating.

Question 17

Managing resources should be considered:

Accepted Answer

A) during execution of a project. 
B) during all stages of a project. 
C) during initiation and planning of a project. 
D) during control and close- out stages of a project.

Question 18

Published estimating data is a form of  ________  .

Accepted Answer

The answer of Published estimating data is a form of...

Question 19

For most project planning activities, it is possible to give precise duration estimates early on.

Accepted Answer

A) True 
 B)False

Question 20

For almost any activity, there is a tradeoff between the time needed, the resources invested, and the ________  of the final deliverable.

Accepted Answer

The answer of For almost any activity, there is a...

Exam 7: Managing Project Resources

In information systems development projects, both the ________ and the technological platform that the software resides on would be examples of capital resources.

Total slack is the time an activity can be delayed without affecting the immediately following activity.

A ________ contains data and information that are compiled and used in conjunction with manual methods or project management software to perform schedule network analysis and to generate the schedule.

________ is an analysis used to evaluate the effects of variance on the schedule of project activities.

The ________ is a dedicated part of the organization whose purpose is to focus on various aspects of project management and provide services to the rest of the organization along those dimensions.

Activity duration estimation becomes ________ as the project progresses.

The use of mathematical techniques to shorten a project's duration is called:

The sequence of activities:

________ is the measure of the alternative opportunities forgone in the choice of one good or activity over others.

________ is the measure of the alternative opportunities forgone in the choice of one good or activity over others.

Critical chain scheduling uses a ________ to protect the final due date of a project.

Resources:

The estimation of activities' durations based upon the duration of similar activities is called:

An example of parametric estimating is the number of ________ .

An activity on the critical path is referred to as a ________ .

All of the following are techniques for estimating activity duration EXCEPT:

Managing resources should be considered:

Published estimating data is a form of ________ .

For most project planning activities, it is possible to give precise duration estimates early on.

For almost any activity, there is a tradeoff between the time needed, the resources invested, and the ________ of the final deliverable.